Sustainable Energy in America 2023 Factbook

Tracking Market & Policy Trends

The Sustainable Energy in America Factbook provides valuable year-over-year data and insights on the American energy transformation.

The Clean Energy Transition Is Now Hard-Wired Into the U.S. Economy

Modernized and expanded infrastructure is needed to accelerate the deployment of clean energy and energy efficiency solutions.

Expand your understanding of U.S. energy transformation by scrolling below. Join the conversation online with #GetTheFacts, #2023Factbook.

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The Sustainable Energy in America Factbook – produced annually for the Business Council for Sustainable Energy by BloombergNEF – provides valuable year-over-year data and insights on the American energy transformation.

Investment in clean energy generation and technologies shattered records in 2022, even as supply chain disruptions, an international energy crisis, and rising interest rates elevated prices for key energy commodities. Power generation from renewable sources hit a new record, consumers purchased nearly 1 million new electric vehicles, and Congress sent a clear signal about long-term commitment to decarbonization through the passage of the Inflation Reduction Act, the most consequential climate law in U.S. history.

The 2023 Sustainable Energy in America Factbook covers the progress of the energy efficiency, natural gas, and renewable energy sectors. Download the report to find the latest data on these clean energy industries, as well as sustainable infrastructure, energy storage, hydrogen, renewable natural gas, electric vehicles, digitalization, industrial emissions, carbon capture storage, and more.

Despite the many challenges of the past year, the U.S. economy is primed for clean, sustainable growth that will reduce emissions and increase employment opportunities while ensuring that we have the sustainable energy we need to continue growing the economy.

– Lisa Jacobson, President, Business Council for Sustainable Energy

Transport-related emissions finished 2022 below pre-pandemic levels and appear to have turned a corner. In 2023, we will see the annualized effect of the approximately 1 million new electric vehicles that hit the road in 2022.

– Ethan Zindler, Head of Americas, BloombergNEF

We have a significant opportunity to finance the low carbon transition while enhancing energy security. This year’s Factbook illuminates trends that will only accelerate with smart implementation of recent laws like the Inflation Reduction Act.

– Ben Ratner, Executive Director, Sustainability, JPMorgan Chase & Co.

The Factbook provides essential information that our policymakers and business leaders rely on to make data-driven decisions to lead the country towards a clean energy future.

– Gregg Mast, Executive Director, Clean Energy Economy Minnesota

This year’s Factbook provides decisionmakers the valuable data they need to formulate public policy. Thoughtful policy requires sound data, and this report provides that.

– Tequila Smith, Executive Vice President and Chief Sustainability Officer, Covanta

The path to America’s clean energy future is through electrification and digitization. At Schneider Electric, we welcome the Sustainable Energy in America Factbook as it shines a light on ways that the Inflation Reduction Act is enabling game-changing investments in the clean energy transition.

– Jeannie Salo, Vice President of Government Affairs, Schneider Electric

This year’s Factbook demonstrates that Industrial Digitalization is on the rise, and as a critical enabler for decarbonization, we know the built environment is equally as ripe for digitalization.

– Mark Lessans, Director of Regulatory and Environmental Affairs, Johnson Controls

Washington Gas is proud to again sponsor the Sustainable Energy in America Factbook, a concise compendium of “need-to-know energy data” that highlights the essential role that natural gas and gas infrastructure play in advancing a secure, affordable, reliable, and resilient clean energy transition.

– Melissa Adams, Chief Corporate Social Responsibility Officer, WGL

The Factbook is an invaluable resource for industry and policy makers alike, providing a look at the United States’ record-breaking $141 billion investment into modernizing our country’s energy systems.

– Lisa Larroque Alexander, Vice President of Corporate Affairs and Chief Sustainability Officer, Sempra

As the Factbook confirms, the United States clean energy sector is now hardwired into the U.S. economy, and deployment of solutions to address industrial emissions, such as carbon capture and hydrogen deployment, are poised to increase America’s competitive advantage and reduce global emissions.

– Amy Farrell, Senior Vice President of Government and Public Affairs, CRES Forum

Highlighting the evolving shift in consumer behavior and supportive climate and energy policy, it tells the story of successful efforts and future needs as businesses like ours work together to advance the use of low-carbon fuels, increased energy efficiency and growth in renewable energy.

– Scott Tew, Vice President, Sustainability & Managing Director, Center for Energy Efficiency & Sustainability, Trane Technologies

Top Trends

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State-Specific Facts

The Minnesota Energy Factsheet is a companion to the 2023 Factbook that outlines key trends influencing Minnesota’s investment and economics, energy supply, and energy demand. As the American energy sector continues its transformation to cleaner, cheaper sustainable energy, Minnesota remains a leader.

Download the 2023 MN Factsheet

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2023 Factbook Sponsors

The Sustainable Energy in America Factbook was commissioned by BCSE and supported by the generous contributions of the following sponsors:

Lead Sponsors

American Clean Power

American Gas Association

Copper Development Association Inc.

Covanta

CRESForum logo

Johnson Controls

National Grid

Sacramento Municipal Utility District

Schneider Electric

Project Supporters

Previous Factbooks

The Sustainable Energy in America Factbook is an annual publication by BloombergNEF and BCSE, with the first edition produced in 2012. Find all ten previous editions of the Factbook below.

Previous Factbooks